Posts Tagged ‘financial infotainment industrial complex’

Variable Annuity Salespeople: Just Because You're Paranoid Doesn't Mean I'm Not Out To Get You

Variable Annuity Salespeople: Just Because You’re Paranoid Doesn’t Mean I’m Not Out To Get You

By The Banker | Blog Posts, How Not To Invest, Personal Finance, Texas

A funny email note went out yesterday from the National Tax-Deferred Savings Association (NTSA) about my article on the terrible retirement product teachers generally get, from an organization funded by the people selling those terrible products. By their note I gather they support the selling of shit-sandwich annuities to retirees, stuffing unsophisticated people’s retirement accounts […]

Book Review: Where Are The Customers' Yachts by Fred Schwed

Book Review: Where Are The Customers’ Yachts by Fred Schwed

By The Banker | Book Reviews, How Not To Invest, Investing, Personal Finance, Wall Street

Sometimes I procrastinate reading something really important to the point that I want to kick myself. Over the years I’ve seen Where Are The Customer’s Yachts? By Fred Schwed listed on numerous ‘Best Of’ lists of financial books, but only now got around to it in 2016? Ugh, no excuse for me. But don’t think […]

Behavior Matters, Not Markets

Behavior Matters, Not Markets

By The Banker | Blog Posts, Investing, Personal Finance, Texas

From a personal finance perspective, markets don’t matter in the least. Behavior matters. Imagine if financial media reported every day on what actually affects whether you get richer or poorer over your lifetime? Wouldn’t that be awesome? I mean, don’t get me wrong. My imaginary show, “Nightly Financial Behavior, with Mike Taylor” would be a […]

Pundits Talking Their Book

Pundits Talking Their Book

By The Banker | Blog Posts, Texas

One of clearest, most knowledgeable, and most readable pundits on financial markets is a guy named Bill Gross. Gross, known in financial circles as the “The Bond King” and the founder of mutual fund giant PIMCO, writes an entertaining monthly letter with musings on his life, asset prices and value, and the future direction of […]

Book Review: Words and Money by Andre Schiffrin

Book Review: Words and Money by Andre Schiffrin

By The Banker | Book Reviews

Somewhere on my Top 5 thematic topics on Bankers Anonymous is a hard-core media critique – which I refer to in kinda-joking-kinda-not joking shorthand as the “Financial Infotainment Industrial Complex.” When I read the Wall Street Journal or listen to financial news on the radio I find myself talking back – usually although not always […]